Q2 Earnings Estimate for Southern Issued By KeyCorp

Southern Company (The) (NYSE:SO) – Research analysts at KeyCorp issued their Q2 2026 earnings estimates for shares of Southern in a note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp anticipates that the utilities provider will earn $1.00 per share for the quarter. KeyCorp currently has a “Underweight” rating and a $79.00 target price on the stock. The consensus estimate for Southern’s current full-year earnings is $4.58 per share. KeyCorp also issued estimates for Southern’s FY2026 earnings at $4.58 EPS.

A number of other equities research analysts also recently weighed in on SO. Weiss Ratings raised shares of Southern from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. BMO Capital Markets dropped their target price on shares of Southern from $105.00 to $102.00 and set an “outperform” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. increased their target price on shares of Southern from $101.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Wall Street Zen upgraded shares of Southern from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Finally, Mizuho set a $105.00 price target on Southern in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $100.09.

Southern Stock Performance

Shares of NYSE SO opened at $97.29 on Monday. The stock has a fifty day moving average price of $94.44 and a two-hundred day moving average price of $93.74. Southern has a 1 year low of $83.80 and a 1 year high of $100.83. The firm has a market cap of $109.67 billion, a P/E ratio of 24.76, a PEG ratio of 1.90 and a beta of 0.34. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.45 and a current ratio of 0.65.

Southern (NYSE:SO) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.11. Southern had a net margin of 14.46% and a return on equity of 12.64%. The business had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.07 billion. During the same quarter last year, the business earned $1.23 earnings per share. The business’s revenue for the quarter was up 8.0% on a year-over-year basis.

Institutional Investors Weigh In On Southern

A number of institutional investors have recently bought and sold shares of SO. Regent Peak Wealth Advisors LLC lifted its position in shares of Southern by 54.8% in the second quarter. Regent Peak Wealth Advisors LLC now owns 20,560 shares of the utilities provider’s stock worth $1,968,000 after purchasing an additional 7,280 shares in the last quarter. Wedge Capital Management L L P NC purchased a new position in Southern during the second quarter valued at approximately $232,000. JFS Wealth Advisors LLC increased its stake in Southern by 28.5% in the 2nd quarter. JFS Wealth Advisors LLC now owns 1,655 shares of the utilities provider’s stock valued at $158,000 after buying an additional 367 shares during the period. Tema ETFs LLC increased its stake in Southern by 10.3% in the 2nd quarter. Tema ETFs LLC now owns 20,157 shares of the utilities provider’s stock valued at $1,929,000 after buying an additional 1,885 shares during the period. Finally, Charles Schwab Trust Co lifted its position in Southern by 20.8% in the 2nd quarter. Charles Schwab Trust Co now owns 2,900 shares of the utilities provider’s stock worth $278,000 after buying an additional 500 shares in the last quarter. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Southern Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 17th will be paid a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Monday, August 17th. Southern’s dividend payout ratio is currently 77.35%.

Key Headlines Impacting Southern

Here are the key news stories impacting Southern this week:

• Positive Sentiment: Southern’s Georgia Power subsidiary signed a long-term power agreement with OpenAI, which could support future electricity demand and reinforce the company’s role in powering AI data center growth. Article Title
• Positive Sentiment: The company announced it is joining President Trump’s Ratepayer Protection Pledge, highlighting a customer-first approach focused on rate stability, grid reliability, and responsible growth. Article Title
• Positive Sentiment: Some analysts remain constructive on near-term earnings, with Zacks saying Southern may have the right setup to beat upcoming results. Article Title
• Neutral Sentiment: KeyCorp raised its Q4 2026 EPS estimate to $0.60 from $0.55, but kept an Underweight rating and a $79 price target, so the update is mixed despite the higher forecast. Article Title
• Negative Sentiment: KeyCorp also trimmed estimates for Southern’s Q3 2026, FY2028, FY2029, and FY2030 earnings, which may weigh on sentiment even though the changes were modest. Article Title

Southern Company Profile

Southern Company (NYSE: SO) is an Atlanta-based energy holding company that provides electric and gas utility services and owns power generation assets across the United States. Founded in 1945, the company operates a portfolio of regulated electric utilities and affiliated businesses that generate, transmit and distribute electricity to residential, commercial and industrial customers.

Southern’s principal regulated electric subsidiaries include Georgia Power, Alabama Power and Mississippi Power, which serve large portions of the southeastern United States.